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wile we focus on the fiscal cliff negotiations, or more appropately the iasse many our state governments aren't in much better shape. state pensionsystems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almt $4 trillion. leading is california witmore than $370 billion in unfunded pension liabilities, only 47% are currently fued. a pension debt per household in california of aost $30,000. illinois close behind, $167 billion in unfundedliabilities, 28% funded, and th state pension debt per household amounting to over $34,000. in municipal bonds illinois sold over $5illin bonds this year making it the third biggest debt issuer in the first tee arters this year. california and new york, numbers e and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory fctor, author of can the bestseller, "shadow boxes: government nioos control amera and rob taayers blind." we are delighted to have you with us. let's turn first, if i may, to the presiden telling auto
wile we focus on the fiscal cliff negotiations, or more appropately the iasse many our state governments aren't in much better shape. state pensionsystems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almt $4 trillion. leading is california witmore than $370 billion in unfunded pension liabilities, only 47% are currently fued. a pension debt per household in california of aost $30,000. illinois close behind, $167 billion in unfundedliabilities, 28% funded, and...
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host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the negotiation table. it is tough to consider the full range of decisions. what we find time and time again is that the education and skills component of helping unemployed workers get back into the workforce is a big obstacle. we have 40 programs on the federal level to deal with that, but based on analysis out of rutgers university, is usually people that have been able to find their own education path and get their own skills and out of these government programs have been the most successful. that is a problematic dynamic. host: lisa is next from texas on the independent line. good
host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the...
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host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will face on january 1, 2013. there is no question that the president and the speaker will come to a compromise. back during the days of former president lyndon baines johnson and the senator leader at the time, some of the issues that are going on -- i will never forget when dirkson was talking to the president, and the president said we should meet this evening. the senator said i think we have reached our wit's end. johnson left the white house and met with the senator to show his commitment and said this is what we have to do. as a result of that meeting, they came to some d
host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will...
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Dec 13, 2012
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>> what's at issue here in the fiscal cliff negotiations is simply the size of government. how big is it going to get? and below that, whether the government is going to lead the economy or the private sector is going to lead the economy for a generation. the second big issue is the safety net, the so-called idea of preserving the safety net. is this going to become the most important thing we do in america, as in europe, or is america about something bigger and better and more interesting than simply preserving the safety net? >> or even defining the safety net. when i think of a safety net, i think of a high wire and think of the net underneath. what's supposed to happen is you fall and it bounces and lifts you back. i feel like we have a fishing net here, where people get caught in it and stay in it forever. that's the difference between the safety net and the fishing net that we're ending up with right now. >> we end up having to work, go to work every day and pay taxes ultimately simply to protect this safety net, rather than create a vibrant growing economy that will
>> what's at issue here in the fiscal cliff negotiations is simply the size of government. how big is it going to get? and below that, whether the government is going to lead the economy or the private sector is going to lead the economy for a generation. the second big issue is the safety net, the so-called idea of preserving the safety net. is this going to become the most important thing we do in america, as in europe, or is america about something bigger and better and more...
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Dec 8, 2012
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you said that the president's strategy in these fiscal cliff negotiations is nothing but a power play, and in a previous column you actually used the words they want to humiliate the republicans. expand on that and explain that. >> well, you get the republicans the day after election day making good faith offers, boehner breaking with 20 years of tradition says we'll give you revenues, $800 million, and that's a real break for the republicans. that's a peace pipe. what does he get in return? the president sends the treasury secretary, geithner, to boehner and to mcconnell. he pockets the $800 billion. he double ths it and says i want 1.6 trillion. he demand not only no spending cuts of any importance but increased stimulus in spending which is preposterous when you're running trillion dollar deficit. and just to add insult, and here's the insult, he demands congress give up the power to control the deficit. that's obviously meanlt to humiliate the republicans. it's a non-starter. it's not acceptable. it's a way of saying to boehner you want to hand me your sword, you want to hand me y
you said that the president's strategy in these fiscal cliff negotiations is nothing but a power play, and in a previous column you actually used the words they want to humiliate the republicans. expand on that and explain that. >> well, you get the republicans the day after election day making good faith offers, boehner breaking with 20 years of tradition says we'll give you revenues, $800 million, and that's a real break for the republicans. that's a peace pipe. what does he get in...
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then all look at the lobbying going around the fiscal cliff negotiations by clients in washington. our guest is anna palmer. and later a discussion on syria and the response from the international community. live at 7:00 a.m. eastern here on c-span. this week on news makers, the vermont governor and chair of the democratic governors' association peter shumlin. he talks about the fiscal cliff and laying the groundwork for the 2013-2014 election. that is at 10:00 a.m. eastern on c-span. >> in president obama's weekly address, he talks about tax policy, the tax cuts put in place by the previous administration that will expire at the end of the year. then the republican address on the economy, jobs, and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making
then all look at the lobbying going around the fiscal cliff negotiations by clients in washington. our guest is anna palmer. and later a discussion on syria and the response from the international community. live at 7:00 a.m. eastern here on c-span. this week on news makers, the vermont governor and chair of the democratic governors' association peter shumlin. he talks about the fiscal cliff and laying the groundwork for the 2013-2014 election. that is at 10:00 a.m. eastern on c-span. >>...
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. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a
. >>> and president obama and house speaker boehner mum on fiscal cliff negotiations. and a sign that a deal could be near. >>> new world order, the economy growing at an enormous rate in china, and in a few years it will surpass the u.s. what it means, coming up. >>> dozens of homes damaged in the south, ripping off roofs and damaging trees. more to come. stamp watch, straight ahead. >>> lots to talk about this morning. the next two hours, we'll talk with...
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tomorrow, we will talk about the latest news about the so-called fiscal cliff negotiations with a former congressional budget office director. then a look at the lobbying going on in washington. later, a look at developments in syria and the response from the international community. "washington journal" here on c- span. this week, we will have the vermont governor and new chairman of the democratic governors' association, who will talk about the fiscal cliff and laying the groundwork for the 2013 and 2014 elections. lives on sunday at 10:00 a.m. eastern. next, a quick look at president obama and the first family last week at the national christmas tree lighting ceremony. ♪ [applause] >> merry christmas, everybody! >> it is great to see you all. happy holidays. happy holidays, mr. president. >> is it time? i think it's time. i hope everybody is ready. we have to do the countdown. starting with five. 5, 4, 3, 2, 1. [cheers] ♪ >> merry christmas, everybody. ♪ >> please welcome the director of washington and st. john's church. >> let us about our heads in prayer. let us prey. gracious
tomorrow, we will talk about the latest news about the so-called fiscal cliff negotiations with a former congressional budget office director. then a look at the lobbying going on in washington. later, a look at developments in syria and the response from the international community. "washington journal" here on c- span. this week, we will have the vermont governor and new chairman of the democratic governors' association, who will talk about the fiscal cliff and laying the groundwork...
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Dec 7, 2012
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so that's why in the fiscal cliff negotiations it would be counterproductive if congress cut invest. >>> in education and job training to "reduce the deficit" in a way that would impact future economic growth. we've got to fix the workforce investment, the job training system in the united states to prepare people for the types of jobs that ceo has. >> you've been there, you've had to forge deals between warring constituencies. fiscal cliff. what would the solution be if you were handling it? >> i like the idea of the president, john boehner, the key players, getting together with no staff in the room. the second thing, they've got to be guided by a couple of things. number one, what is best for the nation? not my party, not my philosophy, not necessarily my politics. number two -- >> you'd like it one on one. >> editd' i'd like it one on on discuss specifics in a one on one way. second, they may agree there should be short-term steps and long-term steps, i think we can get there. the nation is counting on them doing something significant. >> saints/giants this weekend? >> i've got t
so that's why in the fiscal cliff negotiations it would be counterproductive if congress cut invest. >>> in education and job training to "reduce the deficit" in a way that would impact future economic growth. we've got to fix the workforce investment, the job training system in the united states to prepare people for the types of jobs that ceo has. >> you've been there, you've had to forge deals between warring constituencies. fiscal cliff. what would the solution be...
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cliff negotiations. host: and here on "washington journal," we are going to continue our look that we've done over the last couple of weeks at the so-called fiscal cliff and its impact on taxes and spending and some other issues. and today we're focusing on the issue of medicare, and our guest is mary agnus carey, senior health care correspondent for the kaiser health care news. mary agnus, just as a reminder for our viewers, how is medicare funded? guest: well, medicare has part a is funded by payroll taxes, gets taken out of their checks. part b and d. part b is your outpatient service and part d is prescription drugs and it's funded by yn revenue. host: is it self-sustaining? does it pay for itself? guest: in the sense general revenues pays for it, its needs are met and then the medicare trustees says the program is funded through 2024 in part because of the reductions in the health care law to providers and here we're talking about the part a trust fund. as we know 50 million people rely on this prog
cliff negotiations. host: and here on "washington journal," we are going to continue our look that we've done over the last couple of weeks at the so-called fiscal cliff and its impact on taxes and spending and some other issues. and today we're focusing on the issue of medicare, and our guest is mary agnus carey, senior health care correspondent for the kaiser health care news. mary agnus, just as a reminder for our viewers, how is medicare funded? guest: well, medicare has part a is...
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including negotiations over the so-called fiscal cliff. former comptroller general david walker and former congressional budget office director rudy penner explained why they think raising taxes will not solve all the problems. this is just over an hour. >> i will make a few introductory remarks. today we are going to talk about three issues briefly. one is that fiscal cliff, to is the debt ceiling. three is the so-called big deal that has to be done on our debt and deficit. of fortunately those issues, convoluted, especially in this town. they are distinct. the impact each other but they are distinct. this fiscal cliff is an artificial state. congress came in, said this law expires on this date. they extended it wants. they put in the sequestration. it is a date. all they have to do is extend the date and allow themselves time to discuss the issues. instead they are putting it all into a lame duck session. that is a problem. sometimes it leads to bad policy. the fiscal cliff can have real consequences. cbo has said that it would cause a r
including negotiations over the so-called fiscal cliff. former comptroller general david walker and former congressional budget office director rudy penner explained why they think raising taxes will not solve all the problems. this is just over an hour. >> i will make a few introductory remarks. today we are going to talk about three issues briefly. one is that fiscal cliff, to is the debt ceiling. three is the so-called big deal that has to be done on our debt and deficit. of...
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the intelligence suggested he was in implement danger. >>> it seems fiscal cliff negotiations are playing chicken. neither side willing to back down but are we starting to see cracks. texas senator kale -- kay bailey hutchins joins us. thank you for your time. >> thank you, shannon. >> i want to ask about the fact we've seen republicans, including your senate colleagues, coburn and corker say they may be willing to go ahead on raising taxes on upper income earners. >> i think many republicans are feeling pressured and really up against a wall. no one wants the tax rates to go up, which is what would happen if we don't do anything. i think that the president did win the election and he's certainly pressing that button. i don't think people like it. i just -- i don't think we ought to raise taxes on anyone, but i just hope that the president will in some way maybe not make it so stark and will allow us to do something on the spending side. because if we just raise the taxes and don't do anything about the spending, i think it will be a terrible signal we just can't get our act together and
the intelligence suggested he was in implement danger. >>> it seems fiscal cliff negotiations are playing chicken. neither side willing to back down but are we starting to see cracks. texas senator kale -- kay bailey hutchins joins us. thank you for your time. >> thank you, shannon. >> i want to ask about the fact we've seen republicans, including your senate colleagues, coburn and corker say they may be willing to go ahead on raising taxes on upper income earners. >>...
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cliff negotiations. two questions on that. one is, does that suggest that there is movement, so we're no longer talking about tax cuts or tax increases? and where is the administration, i know you guys have argued back that they have provided details on spending cuts, but are you prepared to offer more? today you have a letter from c.b.o.'s urging that spending cuts, entitlement adjustments and so forth be a multiple, a greater multiple than revenues. is the white house prepared to do more on that front? >> let me take your questions in relative order. first of all, i did hear what the speaker of the house had to say. and i would note that if there is one fact that should not be in dispute it ought to be this, the president, unlike any other party to these negotiations, has put forward detailed spending cuts as well as detailed revenue proposals. it is a simple fact that the president put those forward to the nat so super supercommittee in september of 2011. and that he again in the process of these nego
cliff negotiations. two questions on that. one is, does that suggest that there is movement, so we're no longer talking about tax cuts or tax increases? and where is the administration, i know you guys have argued back that they have provided details on spending cuts, but are you prepared to offer more? today you have a letter from c.b.o.'s urging that spending cuts, entitlement adjustments and so forth be a multiple, a greater multiple than revenues. is the white house prepared to do more on...
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we will continue looking at the so called "fiscal cliff" negotiations with mary agnes carey of kaiser health news. we will specifically look at how medicare may be affected by the fiscal cliff. next is grover norquist. we want to put the numbers up on the screen so you can have your chance to talk with mr. norquist. mr. norquist will be out here in just a minute so you can go ahead and start dialing your phones now. first, in the new york times, this article showing senator joe lieberman. he made his farewell speech yesterday. [video clip] >> barriers of discrimination and bigotry that a few decades ago seemed removable. doors of opportunity have been opened wider for all americans regardless of race, religion, gender, ethnicity, sexual orientation, age, or disability. during my time here in washington we have had our first female secretary of state nominated and confirmed, and our first african-american president elected and reelected. it will forever remain one of my deepest honors, thanks to vice president al gore, i was given the opportunity to be the first jewish american nominat
we will continue looking at the so called "fiscal cliff" negotiations with mary agnes carey of kaiser health news. we will specifically look at how medicare may be affected by the fiscal cliff. next is grover norquist. we want to put the numbers up on the screen so you can have your chance to talk with mr. norquist. mr. norquist will be out here in just a minute so you can go ahead and start dialing your phones now. first, in the new york times, this article showing senator joe...
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negotiations for the fiscal cliff continue in washington. house members spoke about the issue today on a resolution that would allow the house to take up measures through december 28. this is just over an hour. on. the speaker pro tempore: the gentleman from texas is recognized for one hour. mr. sessions: thank you very much, mr. speaker. for the purpose of debate only, i yield theustomary 30 minutes to the gentlewoman from fair point, new york, my dear friend, the ranking member on the committee, ms. slaughter, pending which i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. sessions: thank you very much. during consideration of this resolution, all time is yielded for the purpose of debate only. mr. speaker, i ask unanimous consent that all members may have five legislative days to revise and extend their remarks. the speaker pro tempore: without objection. mr. sessions: i rise today in support of thisule which will provide this body the ability to consider legislation under suspension of t
negotiations for the fiscal cliff continue in washington. house members spoke about the issue today on a resolution that would allow the house to take up measures through december 28. this is just over an hour. on. the speaker pro tempore: the gentleman from texas is recognized for one hour. mr. sessions: thank you very much, mr. speaker. for the purpose of debate only, i yield theustomary 30 minutes to the gentlewoman from fair point, new york, my dear friend, the ranking member on the...
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cliff. >> how does it play into fiscal cliff negotiation? >> you would think it gives them a sobering sense of if we do the right thing, maybe the economy keeps growing, if we do the wrong thing, might tip the united states. some think even the possibility of another global recession. you would think it would be a motivation to get things done. if you listen to what's said publicly, see if they're working out a deal privately, there are staff level conversations but most of the big voices dug in. >> you had a fascinating interview with the head of the international monitoring fund, it will air sunday on "state of the union." let me play a clip. what happens in fiscal cliff negotiations in washington could have a huge impact around the world. >> there's still that degree of uncertainty that fuels doubt, that prevents investors, entrepreneurs, households from making decisions because they don't know what tomorrow will be. they know that a fix has been found for today but there is still work to be done tomorrow and day after tomorrow. so it wou
cliff. >> how does it play into fiscal cliff negotiation? >> you would think it gives them a sobering sense of if we do the right thing, maybe the economy keeps growing, if we do the wrong thing, might tip the united states. some think even the possibility of another global recession. you would think it would be a motivation to get things done. if you listen to what's said publicly, see if they're working out a deal privately, there are staff level conversations but most of the big...
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, vis-a-vis the president on how to avoid the fiscal cliff or what we should do about tax increases and spending cuts. if mr. boehner is the principal negotiator, what he had to say lasted all of 30 seconds. he simply came out and said look, if the president doesn't agree with our plan, the republican plan, he should submit a plan that could pass through congress. he has failed to do that. he said, however, and he used these words, that speaker boehner and the republicans are ready and eager to negotiate with the president. doesn't sound like there's any degree of compromise there. there's an extremely short statement, really didn't say much of anything. that's it, speaker boehner. mr. cantor is now speaking. again, he's keeping it very very short and very much to the point. but the principal negotiator had all of 30 seconds. that's it. we brought it to you live. >>> back to the judge. >> well i was sort of hoping he would say no new taxes no new spending no new borrowing, draw a line in the sand, do what you were sent there to do. they are becoming enablering of obama -- they are becom
, vis-a-vis the president on how to avoid the fiscal cliff or what we should do about tax increases and spending cuts. if mr. boehner is the principal negotiator, what he had to say lasted all of 30 seconds. he simply came out and said look, if the president doesn't agree with our plan, the republican plan, he should submit a plan that could pass through congress. he has failed to do that. he said, however, and he used these words, that speaker boehner and the republicans are ready and eager to...
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cliff negotiations are showing progress. he says he will *not back down on his stance that the wealthiest americans should pay more in taxes. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks and then we're asking students to pay higher >>pam: meanwhile, republicans are standing by a proposal that doesn't include an increase if no deal is reached, we could see a major increase in taxes, and severe spending cuts. >> living in the u.s. month. software company founder john mcafee said sunday that he wants to return to the united states in order to settle down and lead a normal life. the former software designer is currently in guatemala requesting political asylum. >> let me be clear, that i had absolutely nothing to do with the murder of my neighbor. our intent is to return to the u.s. and try to salvage a normal life under the circumstances. >>pam: he is being held in a detention center while he fights a government order that he be returned to belize. a j
cliff negotiations are showing progress. he says he will *not back down on his stance that the wealthiest americans should pay more in taxes. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks and then we're asking students to pay higher >>pam: meanwhile, republicans are standing by a proposal that doesn't include an increase if no deal is reached, we could see a major increase in taxes, and severe spending cuts....
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i would even submit that in this day of critical fiscal cliff negotiations, that if mr. latham , mr. boswell were conducting negotiations, we would be going home for christmas by sundown today. thank you. i yield back. mr. latham: i would like to recognize the gentleman from wisconsin, mr. petri. mr. petri: i thank my colleague from iowa. i actually want to echo the words of nick rahall in commending both of you gentlemen, especially tom, for organizing this special order. i think it says something about each of your character and your respect for the process and for this institution. we hear a lot about how the camaraderie or the good will has deteriorated in this body, but i think at least insofar as iowa politics is concerned, that's not the case. there are strong differences but there's also strong respect. and recognition that we are working on something that's greater than all of us. we are trying to do our best for the american people and for our country. i got to know leonard boswell and his wife, i don't know if you remember this, but i think it was in hershey,
i would even submit that in this day of critical fiscal cliff negotiations, that if mr. latham , mr. boswell were conducting negotiations, we would be going home for christmas by sundown today. thank you. i yield back. mr. latham: i would like to recognize the gentleman from wisconsin, mr. petri. mr. petri: i thank my colleague from iowa. i actually want to echo the words of nick rahall in commending both of you gentlemen, especially tom, for organizing this special order. i think it says...
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senator susan collins of maine tells sawyer that when it comes to the current on-going fiscal cliff negotiations, it would be better if the women were running the show. >> i think if we were in charge of the senate and of the administration, that we would have a budget deal by now. >> go, girl power! now that we're coming up at the end of the year, we're getting a chance to take a look at what set records and who should have set the record straight. first of all twitter has revealed the most retweeted tweet of the year. and it is this photo. if we could -- there you go. from the obama campaign. it popped up election night with the caption four more years. within hours, it not only became the top retweet of the year but the top retweet ever. people in more than 200 countries around the world shared the photo of the president hugging the first lady. and politifact.com says that the romney campaign has the dishonor of having the lie of the year! that would be president obama sold chrysler to italy which would then move u.s. jeep production to china. chrysler denied the claim. the media said it was
senator susan collins of maine tells sawyer that when it comes to the current on-going fiscal cliff negotiations, it would be better if the women were running the show. >> i think if we were in charge of the senate and of the administration, that we would have a budget deal by now. >> go, girl power! now that we're coming up at the end of the year, we're getting a chance to take a look at what set records and who should have set the record straight. first of all twitter has revealed...
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cliff negotiation. after that, joe shaw looks at the estate tax, which is set to go up the end of the year plus, your e-mails, phone calls, and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. now come in a discussion of how the military and national security might be a affected by spending cuts at the first of the year. part of the so-called fiscal cliff. former chairman of the joint chiefs of staff, mike mike mullen, was joined at how services committee. this is a less than an hour. >> good afternoon. thank you for coming. my name is peter peterson. i would like to give you a review of why we are supporting this project today. starting about 30 years ago, after studying the profound demographic trends, on the vast and unfunded promise we have made. i have decided was not unsustainable, but a primary threat to the future. speaking of unsustainable, in the nixon white house in which i served, the chairman of the council, if something is unsustainable, he says it continues to stop. or
cliff negotiation. after that, joe shaw looks at the estate tax, which is set to go up the end of the year plus, your e-mails, phone calls, and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. now come in a discussion of how the military and national security might be a affected by spending cuts at the first of the year. part of the so-called fiscal cliff. former chairman of the joint chiefs of staff, mike mike mullen, was joined at how services committee. this is...
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negotiations continue over the so-called looming fiscal cliff. yesterday president obama and john boehner spoke by phone. washington post reported however that they are still working on a deal and nothing is locked down yet. we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be willing to give up. "americans would be willing to give up the tax deduction for charitable giving over other popular tax breaks." host: let's take a look at the results of this poll. 25% said that they would be willing to give up the charitable giving tax deduction. almost the same amount said it would be willing to give up their deduction for state taxes
negotiations continue over the so-called looming fiscal cliff. yesterday president obama and john boehner spoke by phone. washington post reported however that they are still working on a deal and nothing is locked down yet. we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for...
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the world thinks there are serious negotiations about a fiscal cliff. are there any fiscal negotiations -- serious negotiations going on? >> those are two issues. rank and file members are not going to be at the table. >> bill: is anybody? >> two dudes -- i can't believe i just said two dudes and you guys were going to let that slide. two dudes having a good time. let me gather myself. no. i don't know. i think there must be. usually what happens in negotiations like this is they sit down and find pieces that might be acceptable to this larger puzzle from previous negotiations and trust me, we have had quite a few. they are trying to find nominees and a menu of options to present to leaders who are eventually going to have to negotiate, one of the things that's interesting to point out -- >> >> bill: is that happening? >> i think so because think about this. right before thanksgiving the big four leaders met at the whitehouse with the president and from all accounts that was a very positive meeting. it was a productive meeting. >> bill: they different d
the world thinks there are serious negotiations about a fiscal cliff. are there any fiscal negotiations -- serious negotiations going on? >> those are two issues. rank and file members are not going to be at the table. >> bill: is anybody? >> two dudes -- i can't believe i just said two dudes and you guys were going to let that slide. two dudes having a good time. let me gather myself. no. i don't know. i think there must be. usually what happens in negotiations like this is...
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fiscal cliff negotiations. house speaker john boehner and the white house traded a second round of proposals yesterday on the budget cus that begin to take effect in january of 2013. this is nearly half an hour. >> good morning, everyone. i'm really proud to stand here today with the house republicans and my colleagues to tell a very important story and it's a story of hard working americans and their families. and let me tell you there's no story that is more powerful. the story of all americans, it's the story of moms an dads, husbands and wives, grandparents that work hard and sacrifice, so that they can leave a better america to their children and their grandchildren. and as the debate is looming over the fiscal cliff, we stand here to fight for those hard working americans and their families. because as the federal government grows larger and larger, the middle class is squeezed more and more. and as i -- i'm a mom. i have two kids. when my daughter was born two years ago, her share of the national debt wa
fiscal cliff negotiations. house speaker john boehner and the white house traded a second round of proposals yesterday on the budget cus that begin to take effect in january of 2013. this is nearly half an hour. >> good morning, everyone. i'm really proud to stand here today with the house republicans and my colleagues to tell a very important story and it's a story of hard working americans and their families. and let me tell you there's no story that is more powerful. the story of all...
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cliff negotiations. she has come in for us on a saturday afternoon. we do appreciate your time. >> good to be here. >> thanks for being here. there's a possibility of some major changes to entitlement spending by the end of these fiscal cliff negotiations. it looks like democratic leaders are right now warming to the idea of raising medicare premiums for wealthier people. you in the past have been somewhat outspoken in terms of your opposition to the idea of altering entitlements in a dramatic way. are you changing your tune? >> no. however, i will say this. we have taken seriously the fact that we have an obligation to our seniors, that medicare has worked for millions, almost 450 million americans, seniors mostly but disabled. and we want to start the discussion about medicare with the promise we are going to keep medicare and find a way to contain the rate of growth in costs under medicare and all health care been helpful. >> sure. >> but we'll meet that obligation to our seniors. that's where i think
cliff negotiations. she has come in for us on a saturday afternoon. we do appreciate your time. >> good to be here. >> thanks for being here. there's a possibility of some major changes to entitlement spending by the end of these fiscal cliff negotiations. it looks like democratic leaders are right now warming to the idea of raising medicare premiums for wealthier people. you in the past have been somewhat outspoken in terms of your opposition to the idea of altering entitlements in...
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fiscal cliff counteroffer. he says that republicans can't negotiate with themselves however the president has been very clear very publicly that the g.o.p. plan is definitely a no-go as is. crossroads gps part of the karl rove funded group of campaign super pacs is spending half a million dollars on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose some $600 billion in healthcare and spending cuts. finally, secretary of state ken says he will investigate the state's voting problems. the republican in florida told the state ethics and elections committee he will dispatch a special team to investigate the five florida counties that had especially-long lines. right after it he defended florida's voting mess saying he had no regrets. wewewewewewewewewewewewewewewewewewewewewewewewewewewewewewe on to me now? you know the the kind of guys that do reverse mortgage commercials? those t
fiscal cliff counteroffer. he says that republicans can't negotiate with themselves however the president has been very clear very publicly that the g.o.p. plan is definitely a no-go as is. crossroads gps part of the karl rove funded group of campaign super pacs is spending half a million dollars on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose...
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fiscal cliff negotiations underway here in washington, d.c. continuing and washington state and colorado celebrating the freedom to smoke pot legally. all of that coming up plus yesterday jim demint from south carolina announced he is resigning from the senate to take over as head of the heritage foundation. >> that's good news for the senate. get rid of that whacko tea partyer but bad news for the heritage foundation, which will now have a reputation as the most extreme of all of of our think tanks welt tell you ideal he is leaving and more. current news update, standing buy in los angeles lease a ferguson. hi, lease a. good morning. >> hey, bi. good morning, everyone. we are awaiting the jobs report this morning out in the next and we are expecting to hear 80,000 jobs created last month. >> that's less than half the jobs we saw in october, but economists are saying don't put too much weight on those numbers. the down turn in growth is likely thanks to hurricane sandy making it near impossible to tell whether hiring is getting better or worse
fiscal cliff negotiations underway here in washington, d.c. continuing and washington state and colorado celebrating the freedom to smoke pot legally. all of that coming up plus yesterday jim demint from south carolina announced he is resigning from the senate to take over as head of the heritage foundation. >> that's good news for the senate. get rid of that whacko tea partyer but bad news for the heritage foundation, which will now have a reputation as the most extreme of all of of our...
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off the floor, negotiations continue on the fiscal cliff. this morning "washington journal" talk to a business representative about his take on the negotiations. host: let's begin with what is business forward, how did it come about? guest: is simple mission. our job is to make it easier for business leaders in the country who care about policy issues but did not have a washington office or a lobbyist, to speak about the issues of public policy. host: is this a brand-new organization? who is involved? >> we have been around 3 1/2 years, supported by some of the biggest companies of the world, with business leaders are in the country. we go out to small business owners, entrepreneurs, venture capitalist to get them involved in policy-making. what we do is we bring administration officials, members of congress, governors out to cities around the country to be briefings with business leaders. what we also do is bring the business leaders to washington. we tell them how to grow jobs and accelerate. host: what did the business leaders say to the
off the floor, negotiations continue on the fiscal cliff. this morning "washington journal" talk to a business representative about his take on the negotiations. host: let's begin with what is business forward, how did it come about? guest: is simple mission. our job is to make it easier for business leaders in the country who care about policy issues but did not have a washington office or a lobbyist, to speak about the issues of public policy. host: is this a brand-new organization?...
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coming up we'll talk about the latest developments for the fiscal cliff negotiations with a former senate banking committee economist and the former chairman of the white house council of economic advisers. perhaps even more importantly rick santelli will be live from chicago. >> hello, simon. i'll tell you what, make sure you come back in about five minutes. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. >>> let's get to the group this monday morning, check in with rick santelli and get the santelli exchange. >> good morning, carl. to me, if you're trying to work with individuals to solve the problem, trust and honesty are very big components of that relationship working. and i'll tell you what, my theme of late has been that the
coming up we'll talk about the latest developments for the fiscal cliff negotiations with a former senate banking committee economist and the former chairman of the white house council of economic advisers. perhaps even more importantly rick santelli will be live from chicago. >> hello, simon. i'll tell you what, make sure you come back in about five minutes. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for...
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with so much going on, the fiscal cliff, negotiating back and forth with the house trying to figure out how to avoid massive tax increases and spending cuts, why there? it's all politics. >> steve: one other note, the "wall street journal" says regarding right to work states, between 2000 and 2010, 5 million people moved from union states to right to work states and they have 23% higher rate of income growth per capita in right to work states. so things are thriving in the right to work states. there are 24 of them. 26 still are union states. >> gretchen: eric brought up an interesting point about why isn't the president staying in washington, because now it turns out that the fiscal cliff is actually closer than we thought. it was not coakley january 1 anymore. we've about to go off it any day now because apparently it takes a certain amount of days to actually draft any kind of legislation that they might come to an agreement on and so if you backtrack then from the end of the year and when congress is going to be going home for christmas and other holidays, then you really don't have
with so much going on, the fiscal cliff, negotiating back and forth with the house trying to figure out how to avoid massive tax increases and spending cuts, why there? it's all politics. >> steve: one other note, the "wall street journal" says regarding right to work states, between 2000 and 2010, 5 million people moved from union states to right to work states and they have 23% higher rate of income growth per capita in right to work states. so things are thriving in the right...
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cliff negotiations. the president has made his offer. he wants to increase taxes, add more stimulus spending, ignore the entitlement spending that is the true driver of our debt, and hold campaign-style rallies around the country to try to convince people it's not his fault if we go over the fiscal cliff. president obama clearly enjoys campaigning. but, mr. president, the election is over. it's time for him to stop campaigning and to start leading. this means giving up his stubborn insistence on raising tax rates and instead focusing on raising revenue through tax reform and economic growth. it means doing something on these fundamental issues of tax policy that both sides agree on. that way, mr. president, american families won't get hit with these massive tax increases. thank you, mr. president. i yield the floor. a senator: mr. president? the presiding officer: the senator from missouri. mr. blunt: mr. president, the last few days the senate's worked like the senate should work. we've had amendments.
cliff negotiations. the president has made his offer. he wants to increase taxes, add more stimulus spending, ignore the entitlement spending that is the true driver of our debt, and hold campaign-style rallies around the country to try to convince people it's not his fault if we go over the fiscal cliff. president obama clearly enjoys campaigning. but, mr. president, the election is over. it's time for him to stop campaigning and to start leading. this means giving up his stubborn insistence...
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during the fiscal cliff negotiations, some have possible ited that all -- posited that all that is at stake is a return to the tax rates of the clinton era. but that is not what is happening with tax rate on capital gains. during the latter part of the clinton era, a republican majority in congress was able to get agreement on cutting the top tax rate on capital gains to 20% at that time. if the tax rate on capital gains remains at the 2012 rate of 15%, coupled with the new 3.8% tax on net investment income, capital gains will be taxed at 18.8% very close to the clinton era rate. a 5% increase on the tax on capital gains coupled with the increases imposed by obamacare will result in a rate of 23.8%, well above the tax rate on capital gains at the end of the 1990's. and we should not go down this road. this is said specifically by the senator who along with senator lieberman pushed very hard for these lower capital gains rates. it was a hatch-lieberman bill that really was instrumental in bringing these rates down to the current level. there are a number of arguments on behalf of prefe
during the fiscal cliff negotiations, some have possible ited that all -- posited that all that is at stake is a return to the tax rates of the clinton era. but that is not what is happening with tax rate on capital gains. during the latter part of the clinton era, a republican majority in congress was able to get agreement on cutting the top tax rate on capital gains to 20% at that time. if the tax rate on capital gains remains at the 2012 rate of 15%, coupled with the new 3.8% tax on net...
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on today's network tv talk shows, the topics include the so-called fiscal cliff and the negotiations between the white house and congress and the situation in the middle east. you could hear all the shows on cspan radio beginning at noon eastern. first is meet the press with senator dick durbin and kevin mccarthy. at 1:00 p.m., pierre abc's of this week with republican senator tom coburn and democratic senator debbie stabenow. the chair like to the house financial services committee, jeb hensarling and congressional progress of caucus co-chair. at 2:00 p.m. is fox news sunday with chris wallace and chuck schumer. and republican senator bob corker. also on the program is the israeli a bastard to the united states. cnn's state of the union follows and welcomes the managing director of the international monetary fund, christine lagarde. at 4:00 p.m., here "face the nation"where they talked with alan simpson and erskine bowles. also on the program, an interview with cory booker. the sunday network tv shows are repairing here on c-span at noon -- here on cspan radio. listen to them all on
on today's network tv talk shows, the topics include the so-called fiscal cliff and the negotiations between the white house and congress and the situation in the middle east. you could hear all the shows on cspan radio beginning at noon eastern. first is meet the press with senator dick durbin and kevin mccarthy. at 1:00 p.m., pierre abc's of this week with republican senator tom coburn and democratic senator debbie stabenow. the chair like to the house financial services committee, jeb...
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." >> coming up, just 22 days until the fiscal cliff deadline. most of the work of course going on behind closed doors between speaker boehner and president obama but this morning i'll go inside the negotiations with two lawmakers closest to them. top white house ally in the senate, dick durbin of illinois and congressman kevin mccarthy of california. i spent time on capitol hill this week. the one question i want to know this morning, what has changed since the debt debacle of last summer? the sense is we may be closer to a deal that posturing leads you to believe. we'll talk about that with our political roundtable, as well, with newt gingrich and msnbc's lawrence o'donnell and the 2016 speculation has begun. that's coming up. >> now, your 11 insta-weather plus forecast with ava marie. >> good morning. the time is 9:39, it is 53 degrees downtown. that's a live look from skycam right now, a couple of rain drops still on the camera lens. 50 degrees at b.w.i. marshall where the humidity has dropped to 93%, down from a 100% humidity earlier this mo
." >> coming up, just 22 days until the fiscal cliff deadline. most of the work of course going on behind closed doors between speaker boehner and president obama but this morning i'll go inside the negotiations with two lawmakers closest to them. top white house ally in the senate, dick durbin of illinois and congressman kevin mccarthy of california. i spent time on capitol hill this week. the one question i want to know this morning, what has changed since the debt debacle of last...
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between the president and congress as we face the fiscal cliff. he said at one point that the president is calling for raising taxes $1.6 billion. that's true. but i would call to his attention the fact that the simpson-bowles commission suggested that 40% of the $4 trillion in deficit reduction come from revenue in taxes. what the president is suggesting is entirely consistent with that bipartisan group's call for more revenue in taxes as part of our deficit reduction. the president's made it clear, though, he wants to protect and insulate middle-income families from any income tax increases, and i agree with him. we should not raise the income taxes on those making less than $250,000 a year. i voted that way in july. we sent the bill to the house. it sits there. it languishes in the house because the speaker won't call it. he has his chance this week or the next to call that bill on the floor of the house of representatives to avoid any tax increase on middle-income families. that's an important thing for us to get done before we leave at the en
between the president and congress as we face the fiscal cliff. he said at one point that the president is calling for raising taxes $1.6 billion. that's true. but i would call to his attention the fact that the simpson-bowles commission suggested that 40% of the $4 trillion in deficit reduction come from revenue in taxes. what the president is suggesting is entirely consistent with that bipartisan group's call for more revenue in taxes as part of our deficit reduction. the president's made it...
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bill: negotiations on that fiscal cliff and his first one-on-one television interview since reelection president obama says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because they are wealthy. it's a simple proposition that you can't raise enough revenue and if you don't raise enough revenue through closing loopholes abductions, it's going to be middle class families that make up the difference. bill: john boehner will speak later this hour. we'll see how he responds to that comment. if washington can't get a deep, automatic tax increases and massive spending cuts do take effect. martha: west virginia senator joe manchin, a democrat discussing the fiscal cliff, social security within medicare. he believes they must be run more efficiently. >> last year the office of budget
bill: negotiations on that fiscal cliff and his first one-on-one television interview since reelection president obama says he will only agree to a deal that raises tax rates on top earners. >> we are not going to simply cut our way to prosperity or cut our way out of this deficit problem. we are going to need more revenues. in order to do that that start with higher rates for the folk at the top. the reasonien, the reason i say that is not to punish success or go after folk just because...
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fiscal cliff -- [ ♪ "world news tonight" ♪ ] whatever. fiscal negotiations -- they're not really negotiations. >> they're just kind of screaming at each other. >> laws saying how women can't date postal workers it just dates out that way. >> stephanie: the fiscal worker cliff clavin is upon us. >> i don't want to do it. the president doesn't want to do it but we need to solve the problem. we cannot allow the reckless position to drive this economy into another recession. a recession which the republicans will own. >> stephanie: by the way, you can tell they're still just playing politics with this. representative john duncan, republican of tennessee said why they're refusing to give in on the tax cuts. he won't vote to extend tax cuts to 98% of americans because doing so would give control to the democrats. it is not about what's best for the american people. it is about what's best for the republican party. >> i think they should go with that suicidal idea that jim o'reilly was saying. >> jim, stop it. >> jim ward. >> stephanie: jim, jim
fiscal cliff -- [ ♪ "world news tonight" ♪ ] whatever. fiscal negotiations -- they're not really negotiations. >> they're just kind of screaming at each other. >> laws saying how women can't date postal workers it just dates out that way. >> stephanie: the fiscal worker cliff clavin is upon us. >> i don't want to do it. the president doesn't want to do it but we need to solve the problem. we cannot allow the reckless position to drive this economy into...
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the edge of the fiscal cliff looming larger as the clock ticks toward the deadline on january 1st. negotiators are trying to hammer out a deal over tax hikes and spending cuts searching for common ground. amid all the back and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the white house today. we don't know how long they met or exactly what they talked about, but the white house says lines of communication are open and face-to-face meeting is on important. at the same time republicans say they will accept the demands for higher taxes on the wealthy if it goes along with spending cuts entitlements like medicare and social security. listen.... >> a lot of people are putting forth a theory. i think it has merit where you give the president 2% increase he is talking about on the top 2 percent. i am beginning to believe that is the best route for us to take. >> reporter: many other republicans, of cours
the edge of the fiscal cliff looming larger as the clock ticks toward the deadline on january 1st. negotiators are trying to hammer out a deal over tax hikes and spending cuts searching for common ground. amid all the back and forth there are signing of a compromise. steve centanni is live in washington. are the two sides any closer together? >> reporter: there are two important signs today. speaker, house speaker john boehner met with president obama at the white house today. we don't...
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cliff by year end. 44% predict failure in the ongoing negotiations. >>> let's get back to the jobs report due out, in less than 30 minutes, joining us now is mark zandi, chief economist at moody's analytics and jared bernstein former economic adviser to vice president joe biden. he has the finest nod and smile when he's introduced of any of our guests, he's currently a senior fellow. do you practice in front of a mirror, jared? >> i'm just so happy to see you guys. >> it's totally natural the way it happened. >> this is what i like to do at 7:00 a.m. in the morning. it's 8:00 now. this is what i like to do at 8:00 a.m. in the morning. >> we're glad to have you. >> especially with mark "hurricane" zandi. >> i know. he's a boxer. the hurricane. >> the hurricane zandi. >> i got to work on my smile. i have no hair. i better get the smile right. >> you just mentioned jeffries moving up its dividends. d.r. horton is the latest. it's now saying its dividends for all of 2013 will be accelerated and paying 15 cents a share paying at the end of this year. >> the corporate scum that keeps declaring
cliff by year end. 44% predict failure in the ongoing negotiations. >>> let's get back to the jobs report due out, in less than 30 minutes, joining us now is mark zandi, chief economist at moody's analytics and jared bernstein former economic adviser to vice president joe biden. he has the finest nod and smile when he's introduced of any of our guests, he's currently a senior fellow. do you practice in front of a mirror, jared? >> i'm just so happy to see you guys. >> it's...
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. >>> in this fiscal cliff mess, i don't know whether we need a presidential historian, a political strategist or hostage negotiator to help out in the talks now at this point. either way it's getting close to deadline. this morning we have brand new details about the negotiations. that's next. gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> welcome back. 43 minutes past the hour. soledad o'brien is with us with a look at what's coming up on "st
. >>> in this fiscal cliff mess, i don't know whether we need a presidential historian, a political strategist or hostage negotiator to help out in the talks now at this point. either way it's getting close to deadline. this morning we have brand new details about the negotiations. that's next. gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism...
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>> we're going to be talking about the fiscal cliff, are we headed over the deadline here? we're going inside the negotiations with two top lutz, senator dick durbin of illinois and congressman kevin mccarthy, one of boehner's top lieutenants. my sense from being on the hill this week is that a deal may be closer at hand, that republicans are willing to give on tax increases if they can get something bigger in the way of entitlement cuts on medicare. so i think that's where the negotiation is at this point. >> as all of this is playing out, we've seen indications that people are positioning themselves for the 2016 presidential race, is that correct? >> well, one of the things that caught our attention this week as you look at the poll that came out about hillary clinton who is leaving as secretary of state and leaves at a time when a lot of people are talking about her runningour years from now. there's a lot of democrats who think she is taking steps necessary to do that, making the connections with voters and potential donors to position herself and she's certainly incred
>> we're going to be talking about the fiscal cliff, are we headed over the deadline here? we're going inside the negotiations with two top lutz, senator dick durbin of illinois and congressman kevin mccarthy, one of boehner's top lieutenants. my sense from being on the hill this week is that a deal may be closer at hand, that republicans are willing to give on tax increases if they can get something bigger in the way of entitlement cuts on medicare. so i think that's where the...
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. >> all of you negotiators who are now negotiating on this so-called fiscal cliff and stuff. keep your hands off medicare and keep your hands off medicaid. >> stephanie: that's what i was just saying in the article on the hill. it warms the cockles of my liberal heart. >> you almost said cobbles. >> stephanie: i wonder if he says -- >> roger hedge corn. >> stephanie: senator jay rockefeller echoed the thoughts. >> we're not budging on medicare or medicaid. >> stephanie: hooray! here's other good news. [ ♪ "world news tonight" ♪ ] dozens of republicans open to bucking the norquist pledge. for all of the talk of his ironclad grip on the g.o.p., a large and growing numbers say they have renounced his pledge. i love the stories and they talk about what would be acceptable to grover or not or -- who cares! who is this guy? >> i'll call. >> poopy head. >> stephanie: until a final deal emerged tough to predict his response. who cares! >> what power does he have? >> stephanie: there goes the norquist. senator mitch yesterday. >> i think it is going to be extremely difficult to ge
. >> all of you negotiators who are now negotiating on this so-called fiscal cliff and stuff. keep your hands off medicare and keep your hands off medicaid. >> stephanie: that's what i was just saying in the article on the hill. it warms the cockles of my liberal heart. >> you almost said cobbles. >> stephanie: i wonder if he says -- >> roger hedge corn. >> stephanie: senator jay rockefeller echoed the thoughts. >> we're not budging on medicare or...